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Cheer Holding (Glory Star, TKK Symphony Acquisition)

Priced, Nasdaq: CHR

Blank check company formed to acquire a consumer products business in China (completed 2/14/2020).

Industry: SPAC

First Day Return: +0.4%

We were formed for the purpose of entering into a merger, share exchange, asset acquisition, share purchase, recapitalization, reorganization or similar business combination with one or more businesses or entities. Our efforts to identify a prospective target business will not be limited to a particular industry or geographic location. However, we believe we are particularly well-positioned to capitalize on growing opportunities created by consumer/lifestyle assets that may have particular application for the PRC market (including traditional consumer staples characterized by lower cyclicality, such as food and beverages and household products; luxurious lifestyle products and retail brands, such as fashion, cosmetics, entertainment and leisure and other consumer discretionary products; E-commerce and online retailers; and sub-sectors within other high potential industries driven by retail sentiments and consumer demand such as consumer-focused pharmaceuticals, including sport nutrition, vitamins, dietary supplements, and other consumer-oriented healthcare services). Our management team is led by Mr. Sing Wang, our Chairman and CEO. Over a 30-year career, Mr. Wang has spearheaded nearly 70 PE and VC transactions in the consumer, technology, telecommunications, media, financial institutions, healthcare and natural resources sectors.
IPO Data
IPO Date 08/15/2018
Offer Price IPO Intelligence Only
Price Range IPO Intelligence Only
Offer Shares (mm) IPO Intelligence Only
Deal Size ($mm) $220
Lock-Up Date IPO Intelligence Only
Street Research IPO Intelligence Only
Underwriters
IPO Intelligence Only
Company Data
Headquarters Hong Kong, China
Founded 2018
Employees at IPO 4

Cheer Holding (Glory Star, TKK Symphony Acquisition) (CHR) Performance